Actuarial Associate
Actuarial Associate
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Job Description
Position Title: Actuarial Analyst/Associate
Reports To: Director Group Pricing and Special Projects
Department: Group Actuarial
Term: Permanent Full-Time
Work Arrangements: This is a hybrid role. You will work in our office in Waterloo ON a minimum of two (2) assigned consecutive days every other week plus a fifth (5th) assigned day per month. You are welcome to work from the office more than the minimum requirement and there may be some roles that are required to work in our office more than the minimum requirement.
The Opportunity: Equitable is growing! We are looking for an Actuarial Associate or Analyst to join our Group Actuarial team. This position will have the opportunity to learn about the products in the Group Benefits division reporting to the respective director.
Equitable provides an excellent opportunity for Actuaries of all levels to develop a broad skill set and offers them the experience of working on a variety of actuarial topics. Through offering development opportunities job rotations compensation increases and SOA exam support the Actuarial Student Program at Equitable aims to build strong actuarial talent. Equitable has been one of the fastest growing life insurance companies in Canada and the continued success of the company relies on the strength of its people. Now is an exciting time to join one of the Waterloo Areas Top Employer for 2025 and Southwestern Ontarios Top Employers for 2024!
What you will be doing:
- Develop and maintain actuarial pricing models for all Group Products
- Collaborate closely with Group Underwriting to recommend pricing adjustments to support Quotes and Renewals
- Support new product development and plan design changes of existing products
- Query Data in SQL and analyze results to help support decisions
- Identify and analyze emerging trends in experience to support pricing changes and assumption updates
- Participate in the regular review of our pricing rates methodology and guidelines ensuring competitiveness while maintaining profitability
What you will bring:
- At least 5 years of Actuarial Experience
- ASA/ACIA designation
- Experience working in Group Benefits is an asset
- Proficiency in MS Excel MS Access SQL
- Strong Problem-Solving and Analytical skills
- A strong focus on customer service with excellent communication skills both verbal and written
- Ability to apply mathematical and statistical concepts to real-world actuarial problems.
Whats in it for you:
- A healthy work-life balance with employee wellness top of mind
- Annual bonus program annual vacation allowance and company-paid benefits program
- An additional paid volunteer day each year so you can spend time giving back to the community
- Immediate enrollment in the companys pension program with employer matching
- Employee resource groups that support an inclusive work environment
- Tuition support and specialized program assistance
- An onsite full-service cafeteria with a variety of daily options
- Discounts on company products and services and access to exclusive employee perks
- Regular EQ Together events focused on company togetherness and collaboration
As part of the recruitment/offer process you will be required to:
- Provide two professional references (minimum one supervisor and above)
- Upload a copy of your Society of Actuaries transcript with your application
This role is open due to an existing vacancy.
To learn more about Equitable we encourage you to explore our organization.
At Equitable we are committed to providing equal access to employment opportunities across our organization. Please contact our HR team at emailprotected if you would like to receive our job postings in an alternative format or require an accommodation with the application process.
#LI Hybrid
Other details
- Job FamilyIndividual Contributor - Non Transactional
- Pay TypeSalary
Required Experience:
IC
Employment Type
Full-Time
